PensionDanmark Pensionsforsikringsaktieselskab Has $25.80 Million Holdings in Prologis, Inc. $PLD

PensionDanmark Pensionsforsikringsaktieselskab grew its holdings in shares of Prologis, Inc. (NYSE:PLD) by 17.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 190,461 shares of the real estate investment trust’s stock after buying an additional 28,097 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Prologis were worth $25,802,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of PLD. Ares Financial Consulting LLC bought a new position in Prologis during the fourth quarter worth $26,000. High Point Wealth Management LLC bought a new position in shares of Prologis during the 4th quarter worth about $26,000. Eagle Bay Advisors LLC bought a new position in shares of Prologis during the 4th quarter worth about $27,000. SouthState Bank Corp grew its stake in shares of Prologis by 73.1% in the 4th quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 95 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new stake in Prologis in the 4th quarter valued at about $29,000. Institutional investors own 93.50% of the company’s stock.

Analysts Set New Price Targets

PLD has been the topic of a number of research reports. Wall Street Zen raised Prologis from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Wells Fargo & Company raised their price objective on Prologis from $155.00 to $167.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Jefferies Financial Group lowered their target price on Prologis from $157.00 to $155.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Citigroup increased their target price on Prologis from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Scotiabank lifted their price target on shares of Prologis from $146.00 to $150.00 and gave the company a “sector perform” rating in a research report on Thursday, July 23rd. Sixteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $154.57.

Insider Buying and Selling

In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.52% of the company’s stock.

Prologis Trading Down 1.2%

Shares of Prologis stock opened at $139.06 on Friday. The company has a market capitalization of $129.75 billion, a P/E ratio of 30.97 and a beta of 1.31. The stock has a fifty day simple moving average of $143.34 and a 200 day simple moving average of $139.49. Prologis, Inc. has a 12-month low of $103.41 and a 12-month high of $153.35. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.63.

Prologis (NYSE:PLD) last posted its quarterly earnings data on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same period in the previous year, the firm earned $1.46 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, sell-side analysts anticipate that Prologis, Inc. will post 6.28 earnings per share for the current fiscal year.

Key Headlines Impacting Prologis

Here are the key news stories impacting Prologis this week:

• Positive Sentiment: RBC Capital Markets upgraded Prologis to a Buy-equivalent rating, providing a favorable analyst view of the company’s growth prospects and valuation. Prologis raised to Buy equivalent at RBC Capital
• Positive Sentiment: Prologis remains exposed to strong demand for logistics facilities and data-center infrastructure, themes that could support occupancy, rents and future development opportunities. Prologis and the data-center land rush
• Neutral Sentiment: On August 5, Prologis announced a public offering of 15 million common shares expected to raise approximately $2.1 billion. The proceeds are intended to help fund the potential SEGRO acquisition, but the transaction remains dependent on completing the deal. Prologis announces public offering to fund potential SEGRO acquisition
• Negative Sentiment: The expanded common-stock offering increases the number of shares outstanding, creating dilution for existing shareholders and likely contributing to the stock’s weaker performance. Investors are also assessing execution and integration risks tied to the potential SEGRO transaction. Prologis raises additional equity capital through share offering

Prologis Company Profile

Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs.

With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific.